1585 Eastlawn RdHansonKY42413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hanson at 1585 Eastlawn Rd, Hanson, KY, 42413 uses $155,772 cash to close to unlock $312/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $2,886/mo, and a $2,300/mo payment keeps the spread at $26/mo. Purchase price stands at $469,900, and rental yield measures 7.37% with $2,886/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 103.81% and total cumulative return in cash records $161,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,886/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1975
8.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42413, Hanson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 979 (84.5%) |
| Renter Occupied HU | 111 ( 9.6%) |
| Vacant Housing Units | 68 ( 5.9%) |
| Median Home Value | $188,375 |
| Average Home Value | $199,791 |
Housing Distribution
Address Breakdown
Residential
1,110
Single Family
1,110
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices